Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE VALENTINE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2618 KRISTEN LEE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTLAKE VILLAGE, CA91361
A Employer identification number

90-0527475
B Telephone number (see instructions)

(805) 258-1778
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$7,570,417J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 26,594 26,594  
4 Dividends and interest from securities... 239,297 239,297  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 225,588
b Gross sales price for all assets on line 6a 3,467,644
7 Capital gain net income (from Part IV, line 2)... 225,588
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
112 112  
12 Total. Add lines 1 through 11........ 491,591 491,591  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 110,000 11,000   99,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,190 7,595   7,595
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
77,021 76,921   100
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,664 2,664    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,768     5,768
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 220,643 98,180   112,463
25 Contributions, gifts, grants paid....... 940,000 940,000
26 Total expenses and disbursements. Add lines 24 and 25 1,160,643 98,180   1,052,463
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -669,052
b Net investment income (if negative, enter -0-) 393,411
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 164,117 122,213 122,758
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 700,691 Click to see attachment
List of Attached Documents:
// Content
620,628 		559,133
b Investments—corporate stock (attach schedule)....... 6,482,322 Click to see attachment
List of Attached Documents:
// Content
5,930,892 		6,485,504
c Investments—corporate bonds (attach schedule)....... 416,549 Click to see attachment
List of Attached Documents:
// Content
427,493 		403,022
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,763,679 7,101,226 7,570,417
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 7,763,679 7,101,226
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 7,763,679 7,101,226
30 Total liabilities and net assets/fund balances (see instructions). 7,763,679 7,101,226
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,763,679
2
Enter amount from Part I, line 27a .....................
2
-669,052
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,599
4
Add lines 1, 2, and 3 ..........................
4
7,101,226
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,101,226
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a MORGAN STANLEY P 2024-01-01 2024-12-25
b MORGAN STANLEY P 2023-01-01 2024-08-25
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,459,810   1,457,303 2,507
b 2,007,790   1,784,753 223,037
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,507
b       223,037
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 225,588
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 2,507
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 5,468
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 5,468
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,468
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 12,925
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,925
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 7,457
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow7,457 Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA, NV
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowTHE VALENTINE FOUNDATION Telephone no.right arrow (805) 258-1778

Located atright arrow2618 KIRSTEN LEE DRIVEWESTLAKE VILLAGECA ZIP+4right arrow91361
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MALCOLM G MEADOR PRESIDENT/DI
3.00 		30,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
FRANK PERNA TREASURER/DI
1.00 		20,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
PHILIP PANITZ SECRETARY/DI
1.00 		20,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
FRANCIS DAWSON DIRECTOR
1.00 		20,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
CLINT HOWARD DIRECTOR
1.00 		20,000 0 0
2618 KIRSTEN LEE DRIVE
WESTLAKE VILLAGE,CA91361
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
MORGAN STANLEY INVESTMENT MNGT 76,921
58 SOUTH SERVICE RD STE 400
MELVILLE,NY11747
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
7,684,298
b
Average of monthly cash balances.......................
1b
113,221
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
7,797,519
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
7,797,519
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
116,963
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,680,556
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
384,028
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
384,028
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
5,468
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,468
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
378,560
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
378,560
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
378,560
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,052,463
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,052,463
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 378,560
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 621,312
b From 2020...... 312,960
c From 2021...... 643,516
d From 2022...... 758,382
e From 2023...... 602,275
f Total of lines 3a through e ........ 2,938,445
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,052,463
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 378,560
e Remaining amount distributed out of corpus 673,903
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,612,348
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		621,312
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,991,036
10 Analysis of line 9:
a Excess from 2020.... 312,960
b Excess from 2021.... 643,516
c Excess from 2022.... 758,382
d Excess from 2023.... 602,275
e Excess from 2024.... 673,903
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

UNIVERSITY OF MIAMI ROSENSTIEL SCHO

PO BOX 025388
MIAMI,FL33102 		  PC GENERAL SUPPORT 225,000

YOUNG MENS CHRISTIAN ASSOCIATION OF

31105 THOUSAND OAKS BLVD
WESTLAKE VILLAGE,CA91362 		  PC GENERAL SUPPORT 265,000

WILDLIFE CONSERVATION SOCIETY

2300 SOUTHERN BLVD
BRONX,NY10460 		  PC GENERAL SUPPORT 200,000

KETTERING UNIVERSITY

1700 UNIVERSITY AVE
FLINT,MI48504 		  PC GENERAL SUPPORT 200,000

ACTION (AREA CHRISTIANS TAKING INIT

40021 MISSION OAKS BLVD
CAMARILLO,CA93012 		  PC GENERAL SUPPORT 50,000
Total .................................right arrow 3a 940,000
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 26,594  
4 Dividends and interest from securities ....     14 239,297  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 112  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 225,588  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   491,591  
13Total. Add line 12, columns (b), (d), and (e)..................
13
491,591
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  15,190 7,595   7,595

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Name of Bond End of Year Book Value End of Year Fair Market Value
BEGINNING BALANCE    
ABBVIE INC 28,329 28,119
AMAZON.COM INC 32,459 28,278
AT&T INC 29,525 28,285
BANK OF AMERICA CORP FXD TO 102029 V 31,654 28,167
CITIGROUP INC FXD TO 072027 VAR THRA 30,223 29,539
COMCAST CORP 29,170 27,557
CVS HEALTH CORP 29,779 27,470
ENTERPRISE PRODUCTS OPERATING LLC 28,923 27,430
GOLDMAN SACHS GROUP INC/THE 32,098 28,483
JPMORGAN CHASE & CO FXD TO 072028 VA 38,972 37,691
SHELL INTERNATIONAL FINANCE BV 29,091 28,498
UNITEDHEALTH GROUP INC 28,147 27,274
VERIZON COMMUNICATIONS INC 29,762 28,015
WELLS FARGO & CO FXD TO 052027 VAR T 29,361 28,216

TY 2024 InvestmentsCorpStockSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Name of Stock End of Year Book Value End of Year Fair Market Value
MORGAN STANLEY CORPORATE STOCK    
3I GROUP PLC UNSPONS ADR (TGOPY) 2,695 3,013
ABB LTD ADR (ABBNY) 3,050 7,635
ABBOTT LABORATORIES (ABT) 4,174 5,196
ABBVIE INC COM (ABBV) 3,357 3,792
ACCENTURE PLC IRELAND CL A (ACN) 1,828 4,609
ADIDAS AG (ADDYY) 4,533 5,297
ADOBE INC (ADBE) 5,685 21,312
ADVANCED MICRO DEVICES (AMD) 4,508 5,629
ADYEN N V UNSPONSRED ADR (ADYEY) 2,431 4,390
AIA GROUP LTD SPON ADR (AAGIY) 6,489 7,654
AIR LEASE CORP CL A (AL) 1,857 2,199
AIR LIQUIDE ADR (AIQUY) 6,563 10,854
ALCON INC (ALC) 6,863 11,460
ALEXANDRIA REAL ESTATE EQ INC (ARE) 1,890 1,508
ALFA LAVAL AB-UNSPONS ADR (ALFVY) 2,003 4,731
ALLIANZ SE ADR (ALIZY) 6,099 11,551
ALLISON TRANSMN HLDGS INC (ALSN) 377 1,132
ALLY FINANCIAL INC (ALLY) 535 1,484
ALPHABET INC CL A (GOOGL) 3,937 17,713
ALPHABET INC CL C (GOOG) 2,758 12,758
ALTRIA GROUP INC (MO) 4,056 5,334
AMAZON COM INC (AMZN) 14,044 37,735
AMBEV S A SPONSORED ADR (ABEV) 4,765 3,040
AMENTUM HOLDINGS INC (AMTM) 1,887 1,721
AMER INTL GP INC NEW (AIG) 6,734 6,612
AMERICAN EAGLE OUTFITTERS NEW (AEO) 4,126 3,384
AMERICAN EXPRESS CO (AXP) 1,680 2,762
AMERICAN WATER WORKS CO (AWK) 5,563 5,407
AMERIPRISE FINCL INC (AMP) 2,230 11,634
AMGEN INC (AMGN) 4,522 6,778
AMPHENOL CORP NEW CL A (APH) 2,479 10,001
ANSYS INC (ANSS) 2,997 8,069
AON PLC CL A (AON) 3,610 9,396
APPLE INC (AAPL) 5,170 39,316
APTARGROUP INC (ATR) 4,106 4,143
ARCHER DANIELS MIDLAND (ADM) 3,502 3,358
ASICS CORP ADR (ASCCY) 823 3,641
ASM INTERNATIONAL NV (ASMIY) 1,462 2,164
ASML HOLDING NV NY REG NEW (ASML) 11,688 11,457
ASSA ABLOY AB UNSP ADR (ASAZY) 2,500 3,372
ASTRAZENECA PLC ADR (AZN) 7,194 6,037
ATLAS COPCO AS A ADR A NEW (ATLKY) 1,937 5,150
ATMOS ENERGY CP (ATO) 6,052 7,701
AVALONBAY COMM INC (AVB) 2,126 2,541
BALL CORP (BALL) 4,590 5,031
BANCO BILBAO VIZ ARG SA ADS (BBVA) 4,513 6,678
BANKINTER NEW (BKNIY) 2,813 2,753
BAXTER INTL INC (BAX) 3,645 3,003
BCE INC (BCE) 3,528 1,905
BECTON DICKINSON & CO (BDX) 15,550 17,101
BENTLEY SYS INC COM CL B (BSY) 1,803 1,659
BHP GROUP LIMITED ADR (BHP) 3,815 4,790
BIO RAD LAB A (BIO) 4,018 3,791
BLACKROCK INC (BLK) 1,397 2,050
BLACKSTONE INC (BX) 5,266 7,689
BOOKING HOLDINGS INC (BKNG) 5,334 8,541
BOOZ ALLEN HAMILTON HLDG CL-A (BAH) 3,031 5,192
BROADCOM INC (AVGO) 7,663 20,014
BROADRIDGE FIN SOLU.LLC (BR) 542 1,812
BROOKFIELD INFRA CORP SB VTG A (BIPC 2,250 2,281
BROWN & BROWN INC (BRO) 3,316 4,730
BROWN FORMAN CORP CL B (BF'B) 2,379 1,827
BRUNSWICK CORP (BC) 1,097 1,227
BUREAU VERITAS SA ADR (BVVBY) 5,069 5,174
BWX TECHNOLOGIES INC COM (BWXT) 807 1,574
CABOT CORP (CBT) 1,220 1,106
CANADIAN NATL RAILWAY CO (CNI) 1,783 2,557
CAPGEMINI S E UNSPONSORED ADR (CGEMY 6,015 5,194
CAPITAL ONE FINANCIAL CORP (COF) 2,289 9,264
CARLISLE CO INC (CSL) 594 1,465
CASEY'S GENERAL STORES INC (CASY) 2,964 6,044
CATERPILLAR INC (CAT) 1,137 1,641
CENTENE CORPORATION (CNC) 2,470 2,537
CHAMPIONX CORPORATION (CHX) 1,684 1,492
CHARLES SCHWAB NEW (SCHW) 4,051 8,585
CHEMED CORPORATION (CHE) 1,464 1,613
CHESAPEAKE UTILITIES (CPK) 1,664 1,744
CHEVRON CORP (CVX) 4,490 6,373
CHEWY INC CL A (CHWY) 2,885 3,339
CHUBB LTD (CB) 3,209 4,025
CHUGAI PHARMACEUTIC UNSP ADR (CHGCY) 4,890 9,441
CHURCH & DWIGHT CO INC (CHD) 6,227 13,403
CHURCHILL DOWNS INC (CHDN) 1,258 1,777
CINCINNATI FINANCIAL OHIO (CINF) 2,262 2,518
CINTAS CORP (CTAS) 407 2,502
CISCO SYS INC (CSCO) 6,572 8,702
CITIZENS FINANCIAL GROUP INC (CFG) 2,560 2,747
CLARIVATE PLC (CLVT) 2,997 2,073
CNH INDUSTRIAL N V (CNH) 2,996 2,753
COCA COLA CO (KO) 8,857 13,386
COGNEX CORP (CGNX) 2,169 1,685
COGNIZANT TECH SOLUTIONS CL A (CTSH) 586 582
COHEN & STEERS INC (CNS) 1,582 2,112
COLGATE PALMOLIVE CO (CL) 8,058 9,818
COLOPLAST AS SPONSERED ADR (CLPBY) 2,825 2,478
COMCAST CORP (NEW) CLASS A (CMCSA) 3,799 4,053
COMMERCE BANCSHARES (CBSH) 2,279 3,198
COMMERCIAL METALS CO (CMC) 2,431 2,263
COMPAGNIE FIN RICHEMONTAG ADR (CFRUY 4,892 5,935
COMPASS GROUP PLC SPD ADR (CMPGY) 4,144 6,701
CONAGRA BRANDS INC (CAG) 2,381 2,345
CONCENTRIX CORP (CNXC) 1,870 1,144
CONSTELLATION BRANDS INC CL A (STZ) 11,172 13,395
CONTL AG SPONS ADR (CTTAY) 2,350 2,014
COPART INC (CPRT) 1,296 7,059
CORPAY INC (CPAY) 1,711 3,022
CORTEVA INC (CTVA) 3,733 9,000
COSTCO WHOLESALE CORP NEW (COST) 713 4,031
COTERRA ENERGY INC (CTRA) 3,520 5,951
CRANE COMPANY (CR) 2,419 4,125
CREDICORP LTD (BAP) 2,943 3,666
CRH PLC (CRH) 1,771 2,106
CRODA INTL PLC ADR (COIHY) 3,133 2,438
CROWN HLDGS INC (HOLDING CO) (CCK) 2,379 2,247
CUBESMART COM (CUBE) 1,146 1,113
CULLEN FROST BANKERS INC (CFR) 3,032 5,134
CURTISS WRIGHT CORP (CW) 3,898 5,056
CVS HEALTH CORP COM (CVS) 2,578 1,875
DAIFUKU CO LTD ADR (DFKCY) 2,686 2,961
DANAHER CORPORATION (DHR) 3,319 10,625
DASSAULT SYSTEMS SA ADS (DASTY) 5,171 7,874
DBS GROUP HOLDINGS LTD SP (DBSDY) 6,544 17,691
DECKERS OUTDOOR CORP (DECK) 1,196 5,060
DESCARTES SYSTEMS GROUP INC (DSGX) 3,647 4,621
DEXCOM INC (DXCM) 3,513 3,467
DICKS SPORTING GOODS INC (DKS) 866 1,732
DIPLOMA PLC ADR (DPMAY) 4,075 4,922
DISCO CORP ADR (DSCSY) 5,520 5,683
DOLLAR GEN CORP NEW COM (DG) 1,245 1,048
DOLLAR TREE INC (DLTR) 1,866 1,858
DOMINION ENERGY INC (D) 3,144 3,561
DOMINOS PIZZA INC (DPZ) 965 1,449
DSV AS ADR (DSDVY) 2,357 2,332
DUKE ENERGY CORPORATION (DUK) 5,833 6,571
DYNATRACE INC (DT) 4,570 4,420
EATON CORP PLC SHS (ETN) 2,407 4,687
ECHOSTAR CORP CL A (SATS) 2,596 870
ECOLAB INC (ECL) 3,991 7,612
ELI LILLY & CO (LLY) 2,457 17,473
EMCOR GROUP INC (EME) 1,544 4,801
ENCOMPASS HEALTH CORP (EHC) 1,414 2,457
ENN ENERGY HOLDINGS LTD UNSPON (XNGS 6,783 3,624
EPIROC AKTIEBOLAG ADR (EPOKY) 5,902 8,121
EQUITY LIFESTYLE PROPERTIES (ELS) 3,515 4,616
EVERGY INC (EVRG) 3,339 3,849
EVERSOURCE ENERGY COM (ES) 8,908 7,236
EXP WORLD HOLDINGS INC (EXPI) 1,844 1,047
EXPERIAN GP LTD ADR (EXPGY) 5,198 5,307
EXXON MOBIL CORP (XOM) 4,275 5,797
FACTSET RESEARCH SYSTEMS INC (FDS) 5,433 7,413
FANUC CORPORATION UNSP ADR (FANUY) 4,584 4,038
FASTENAL CO (FAST) 2,539 3,108
FIDELITY NATIONAL FINANCIAL IN (FNF) 944 2,424
FIDELITY NATL INFORMATION SE (FIS) 4,981 7,036
FIRST CITIZ BANCSHARES A (FCNCA) 394 3,533
FIRSTSERVICE CORP (FSV) 1,112 1,332
FOMENTO ECONOMICO MEXICANO (FMX) 5,449 6,660
GALLAGHER ARTHUR J & CO (AJG) 857 2,836
GAMING & LEISURE PPTYS INC COM (GLPI 1,195 1,841
GENL DYNAMICS CORP (GD) 2,884 5,897
GENMAB A S ADR (GMAB) 4,698 2,379
GENUINE PARTS CO (GPC) 2,237 3,118
GFL ENVIRONMENTAL INC SUB VTG (GFL) 1,756 2,202
GILDAN ACTIVEWEAR INC (GIL) 4,647 5,552
GLOBAL PAYMENT INC (GPN) 3,120 3,319
GODADDY INC. (GDDY) 4,101 4,088
GRAPHIC PACKAGING HOLDING CO (GPK) 1,825 2,743
GRUPO FINANCIERO BANORTE SAB (GBOOY) 3,104 2,653
HAIER SMART HOME CO LTD ADR (HSHCY) 4,017 4,514
HALEON PLC ADR (HLN) 7,822 8,805
HALLIBURTON CO (HAL) 2,455 2,178
HALMA PLC UNSPON ADR (HALMY) 2,483 3,422
HALOZYME THERAPEUTICS INC (HALO) 4,029 3,152
HAMILTON LANE CL A (HLNE) 1,274 2,248
HDFC BANK LTD ADR (HDB) 8,387 9,579
HENRY SCHEIN INC (HSIC) 2,265 2,323
HEXAGON AB ADR (HXGBY) 1,752 1,682
HEXCEL CORP NEW (HXL) 2,034 1,792
HF SINCLAIR CORPORATION (DINO) 2,661 2,882
HOME BANCSHARES INC (HOMB) 1,185 1,876
HOME DEPOT INC (HD) 8,974 13,321
HONEYWELL INTL INC (HON) 7,071 6,908
HOYA CORP SPONS ADR (HOCPY) 3,946 4,829
HUNTINGTON BANCSHARES (HBAN) 4,910 5,353
HUNTINGTON INGALLS INDUSTRIES (HII) 2,992 3,373
IAC INC NEW (IAC) 4,069 2,435
ICON PLC (ICLR) 3,653 3,388
ILL TOOL WORKS INC (ITW) 3,763 6,574
IMCD GROUP N V ADR (IMCDY) 4,181 4,237
INFINEON TECHNOLOGIES AG (IFNNY) 4,384 8,974
ING GROEP NV ADR (ING) 3,828 4,685
INSPERITY INC COM (NSP) 1,104 956
INSULET CORP (PODD) 5,092 7,816
INTERCONTINENTAL EXCHANGE INC (ICE) 2,894 7,386
INTL BUSINESS MACHINES CORP (IBM) 1,735 3,452
INTUIT INC (INTU) 7,022 8,856
INTUITIVE SURGICAL INC (ISRG) 3,499 8,326
IQVIA HOLDINGS INC (IQV) 580 553
JACK HENRY & ASSOC INC (JKHY) 1,509 1,752
JACOBS SOLUTIONS INC (J) 1,384 1,618
JAMES HARDIE INDS SE (JHX) 3,084 2,414
JAZZ PHARMACEUTICALS PLC (JAZZ) 3,142 3,041
JBG SMITH PPTYS (JBGS) 3,619 1,752
JOHNSON & JOHNSON (JNJ) 6,800 7,664
JPMORGAN CHASE & CO (JPM) 3,710 10,338
KAO CORP (KAOOY) 2,143 2,146
KBC GROUP NV UNSPONS ADR (KBCSY) 4,237 4,979
KENVUE INC (KVUE) 4,556 4,398
KINDER MORGAN INCORP (KMI) 4,262 10,083
KINSALE CAP GROUP INC (KNSL) 1,456 2,201
KOMATSU LTD SPON ADR NEW (KMTUY) 2,691 4,207
KONINKLIJKE PHIL EL SP ADR NEW (PHG) 1,100 1,358
KRAFT HEINZ CO COM (KHC) 3,601 3,409
KULICKE & SOFFA INDS (KLIC) 2,094 1,840
L OREAL CO ADR (LRLCY) 4,000 6,977
LABCORP HOLDINGS INC (LH) 5,796 11,007
LAMB WESTON HLDGS INC COM (LW) 566 660
LANDSTAR SYSTEM INC (LSTR) 1,118 1,575
LEMAITRE VASCULAR INC (LMAT) 1,064 2,389
LENNAR CORPORATION (LEN) 2,070 9,260
LIBERTY BROADBAND CORP S-C (LBRDK) 1,741 1,920
LIBERTY GLOBAL LTD CL A (LBTYA) 1,317 1,646
LINDE PLC (LIN) 1,675 4,580
LITTELFUSE INC (LFUS) 776 1,117
LKQ CORPORATION (LKQ) 1,698 2,367
LOCKHEED MARTIN CORP (LMT) 4,564 6,255
LONDON STK EXCHANGE GROUP ADR (LNSTY 3,490 4,735
LOWES COMPANIES INC (LOW) 5,429 6,372
MANULIFE FINANCIAL CORP (MFC) 5,039 8,844
MARKEL GROUP INC (MKL) 2,779 4,454
MARKETAXESS HOLDINGS INC (MKTX) 4,039 3,150
MARTIN MARIETTA MATERIALS (MLM) 2,493 8,130
MASTERCARD INC CL A (MA) 4,787 23,105
MATADOR RES CO (MTDR) 1,616 1,852
MATCH GROUP INC (MTCH) 2,580 2,455
MC CORMICK AND CO NON VOTING (MKC) 3,181 4,995
MC DONALDS CORP (MCD) 4,868 7,450
MEDTRONIC PLC SHS (MDT) 4,164 4,273
MERCADOLIBRE INC (MELI) 4,571 4,729
MERCK & CO INC NEW COM (MRK) 12,885 12,435
MICHELIN COMPAGNIE GENERALE DE (MGDD 4,664 5,384
MICROCHIP TECHNOLOGY INC (MCHP) 5,606 7,685
MICROSOFT CORP (MSFT) 8,971 58,589
MIDDLEBY CORP DEL (MIDD) 583 578
MITSUBISHI UFJ FINCL GRP ADS (MUFG) 2,434 5,719
MITSUI FUDOSAN CO LTD ADR (MTSFY) 2,872 2,290
MIZUHO FNCL INC SPONS ADR (MFG) 6,034 7,095
MOLSON COORS BEVERAGE CO CL B (TAP) 1,706 1,785
MONOLITHIC PWR SYSTEMS INC (MPWR) 397 2,740
MORGAN STANLEY (MS) 4,555 6,789
MORNINGSTAR INC COMMON (MORN) 917 2,021
MOTOROLA SOLUTIONS INC (MSI) 3,004 7,812
MTU AERO ENGINES AG (MTUAY) 4,366 6,274
NATL FUEL GAS CO (NFG) 1,121 1,228
NESTLE SPON ADR REP REG SHR (NSRGY) 7,012 6,338
NETFLIX INC (NFLX) 9,218 13,426
NEWS CORPORATION CL A (NWSA) 1,102 1,965
NEXSTAR MEDIA GROUP INC (NXST) 932 1,681
NEXTERA ENERGY INC (NEE) 2,376 2,637
NIKE INC B (NKE) 3,225 2,897
NIPPON SANSO HOLDINGS CORP ADR (NPXY 4,504 4,265
NISOURCE INC (NI) 1,736 2,908
NITORI HLDGS CO LTD ADR (NCLTY) 4,403 3,640
NOBLE CORP NEW A (NE) 1,192 771
NOMURA RESH INST LTD ADR (NRILY) 3,146 3,498
NORDEA BANK ABP SPON ADR (NRDBY) 2,478 2,251
NORDSON CP (NDSN) 1,017 1,255
NORTHERN OIL AND GAS INC MN (NOG) 854 1,549
NOVO NORDISK A/S ADR (NVO) 8,431 8,255
NOVONESIS (NOVOZYMES) B ADR (NVZMY) 1,889 2,247
NVENT ELECTRIC PLC (NVT) 4,283 4,753
NVIDIA CORPORATION (NVDA) 764 6,302
O'REILLY AUTOMOTIVE INC NEW (ORLY) 1,481 7,079
OGE ENERGY CORPORATION (OGE) 2,063 2,728
OLLIES BARGAIN OUTLET HLDG INC (OLLI 4,040 4,656
OMNICOM GROUP (OMC) 1,401 2,439
ONTO INNOVATION INC (ONTO) 4,249 3,205
ORACLE CORP (ORCL) 7,532 12,965
ORGANON & CO (OGN) 2,430 1,507
OSHKOSH CORP (OSK) 4,462 3,872
PALO ALTO NETWORKS INC (PANW) 1,439 6,676
PARKER HANNIFIN CORP (PH) 3,334 19,085
PENUMBRA INC COM (PEN) 3,816 4,766
PEPSICO INC NC (PEP) 8,505 11,991
PERRIGO CO LTD (PRGO) 7,066 5,116
PFIZER INC (PFE) 4,698 3,635
PHILIP MORRIS INTL INC (PM) 4,515 7,711
PING AN INSURANCE ADR (PNGAY) 4,240 2,288
PINTEREST INC CL A (PINS) 7,413 6,206
PJSC LUKOIL SPONSORED ADR (LUKOY) 7,834  
PNC FINL SVCS GP (PNC) 3,994 6,758
POOL CORP (POOL) 545 1,623
POST HOLDINGS INC (POST) 1,133 2,292
POWER INTEGRATIONS INC (POWI) 1,612 1,803
PPG INDUSTRIES INC (PPG) 3,009 2,606
PRICESMART INC (PSMT) 566 554
PROCTER & GAMBLE (PG) 9,453 13,986
PROGRESSIVE CORP OHIO (PGR) 1,351 4,483
PROSPERITY BANCSHARES (PB) 1,779 2,140
PT TELEKOMUNIKASI INDONESIA (TLK) 4,092 3,142
PTC INC COM (PTC) 3,395 3,413
PUBLIC STORAGE (PSA) 4,748 4,993
PUMA SE UNSPONSORED ADR (PUMSY) 2,260 2,196
PURE STORAGE INC CLASS A (PSTG) 3,576 4,017
QUAKER HOUGHTON (KWR) 1,459 1,267
QUALCOMM INC (QCOM) 13,294 19,971
QUALYS INC COM (QLYS) 1,832 3,129
QUANTA SERVICES INC (PWR) 4,341 12,516
QUEST DIAGNOSTICS INC (DGX) 1,295 1,821
R P M INC (RPM) 3,620 7,718
RAYMOND JAMES FINCL INC (RJF) 2,050 5,380
RECRUIT HOLDINGS CO. LTD. ADR (RCRUY 1,548 3,376
RELIANCE INC (RS) 1,010 2,032
RELX PLC SPONSORED ADR (RELX) 4,851 11,537
RENESAS ELECTRONICS CORP ADR (RNECY) 1,921 1,940
RESMED INC (RMD) 1,253 4,075
RIO TINTO PLC SPON ADR (RIO) 3,904 4,759
ROCHE HOLDINGS ADR (RHHBY) 6,723 7,429
ROCKWELL AUTOMATION INC (ROK) 4,819 6,142
ROSS STORES INC (ROST) 2,939 6,948
RTX CORPORATION (RTX) 1,937 4,328
RYANAIR HLDGS PLC ADR (RYAAY) 2,828 4,438
RYMAN HOSPITALITY PPTYS INC (RHP) 1,884 1,817
SAIA INC (SAIA) 2,211 3,636
SALESFORCE INC (CRM) 10,951 23,774
SAMPO OYJ UNSPON ADR (SAXPY) 4,439 4,098
SAP AG (SAP) 5,274 13,985
SCHLUMBERGER LTD (SLB) 3,872 4,754
SCHNEIDER ELEC SA UNSP ADR (SBGSY) 2,934 8,681
SENSATA TECHNOLOGIES HLDG PLC (ST) 1,883 1,304
SERVICENOW INC (NOW) 3,003 4,275
SHELL PLC ADR (SHEL) 8,404 8,583
SHIMANO INC ADR (SMNNY) 2,010 1,837
SHIN ETSU CHEM CO LTD ADR (SHECY) 4,372 3,639
SHIONOGI & CO LTD UNSPONS ADR (SGIOY 3,972 2,965
SHUTTERSTOCK INC (SSTK) 2,449 1,283
SIEMENS AKTIENGESELLSCHAFT (SIEGY) 5,616 5,701
SIRIUS XM HOLDINGS INC (SIRI) 2,289 2,098
SONOVA HLDG AG UNSP ADR (SONVY) 1,223 3,193
SONY GROUP CORPORATION ADR (SONY) 10,075 17,034
SPROUTS FARMERS MARKET INC (SFM) 4,045 3,560
SPS COMMERCE INC (SPSC) 3,664 4,131
SS&C TECHNOLOGIES HLDGS INC (SSNC) 577 618
STANDEX INTERNATIONAL CORP (SXI) 784 1,783
STARBUCKS CORP WASHINGTON (SBUX) 4,708 7,861
STERIS PLC (STE) 649 1,517
SUNCOR ENERGY INC (SU) 2,756 4,745
SUZUKI MTR CORP ADR (SZKMY) 3,126 3,254
SYMRISE AG UNSPONS ADR (SYIEY) 6,184 7,201
SYNOPSYS INC (SNPS) 751 5,130
SYSMEX CORP UNSPON ADR (SSMXY) 6,738 6,625
TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 10,246 20,341
TAKE TWO INTERACTIVE SOFTWARE (TTWO) 2,541 3,569
TD SYNNEX CORPORATION (SNX) 2,138 2,234
TECHTRONIC IND LTD SPONS ADR (TTNDY) 7,663 7,323
TELEDYNE TECH INC (TDY) 7,952 10,582
TENCENT HLDGS LTD UNSPON ADR (TCEHY) 5,471 6,594
TERRENO RLTY CORP COM (TRNO) 1,797 1,711
TETRA TECH INC (TTEK) 628 1,404
TEXAS INSTRUMENTS (TXN) 4,242 7,402
THALES USDPONSORD ADR (THLLY) 3,574 4,077
THE COOPER COMPANIES INC (COO) 1,864 3,309
THE ENSIGN GROUP INC (ENSG) 595 2,139
THE MOSAIC COMPANY (MOS) 3,755 2,350
THERMO FISHER SCIENTIFIC (TMO) 4,387 8,203
TJX COS INC NEW (TJX) 3,747 7,017
TOKYO ELECTRON LTD UNSPON ADR (TOELY 4,780 3,946
TOTALENERGIES SE SPONSORED ADS (TTE) 6,177 5,309
TRANSUNION (TRU) 1,181 1,665
TRAVEL PLUS LEISURE CO (TNL) 1,477 1,798
TRUIST FINL CORP (TFC) 4,930 6,811
TYSON FOODS INC CL A (TSN) 2,701 2,787
U S BANCORP COM NEW (USB) 5,312 7,653
U S PHYSICAL THERAPY INC (USPH) 1,394 1,411
UBER TECHNOLOGIES INC (UBER) 8,362 8,505
UFP INDUSTRIES INC (UFPI) 1,047 1,616
ULTA BEAUTY INC (ULTA) 5,605 8,294
UNICHARM CORP UNSPON ADR (UNICY) 3,782 2,370
UNIFIRST CP (UNF) 1,735 1,605
UNILEVER PLC (NEW) ADS (UL) 9,220 11,453
UNIVERSAL DISPLAY CORP (OLED) 1,511 1,528
UNIVERSAL MUSIC GROUP NV ADR (UNVGY) 3,677 4,326
US FOODS HOLDING CORP (USFD) 4,766 6,011
VALMONT INDUSTRIES (VMI) 1,330 1,697
VALVOLINE INC COM (VVV) 3,501 3,311
VAT GROUP AG-ADR (VACNY) 1,694 1,305
VERALTO CORP (VLTO) 1,761 3,484
VERIZON COMMUNICATIONS (VZ) 18,435 15,476
VERTEX PHARMACEUTICALS (VRTX) 6,337 6,055
VIATRIS INC (VTRS) 2,331 2,540
VISA INC CL A (V) 7,722 11,842
VONTIER CORPORATION (VNT) 1,880 2,445
WALGREENS BOOTS ALLIANCE INC (WBA) 4,221 2,127
WALMART INC (WMT) 1,931 5,286
WALT DISNEY CO HLDG CO (DIS) 5,143 5,585
WARNER BROS DISCOVERY INC SER (WBD) 2,565 3,266
WASTE MGMT INC (DELA) (WM) 3,376 6,841
WATSCO INC (WSO) 606 1,870
WATTS WTR TECH INC A (WTS) 2,681 2,969
WEATHERFORD INTL INC (WFRD) 3,911 2,474
WEC ENERGY GROUP INC COM (WEC) 2,264 2,517
WESCO INTL INC (WCC) 2,221 2,659
WEST PHARMACEUTICAL SVCS INC (WST) 5,408 13,245
WILLIS TOWERS WATSON PLC LTD (WTW) 1,079 1,652
WINGSTOP INC (WING) 564 1,683
XCEL ENERGY INC (XEL) 5,912 6,007
XYLEM INC COM (XYL) 3,166 6,356
ZIMMER BIOMET HLDGS INC COM (ZBH) 1,767 1,725
ZOETIS INC CLASS-A (ZTS) 7,499 11,520
ZTO EXPRESS CAYMAN INC CL A (ZTO) 3,138 3,167
GRANITESHARES GOLD TRUST ETF (BAR) 11,885 23,948
JPMORGAN BETABUILDERS CANADA (BBCA) 14,219 15,953
SPDR BLOOMBERG 1-3 MONTH T-B (BIL) 390,767 390,772
ISHARES INC MSCI EMRG MKTETF (EMXC) 69,814 67,704
ISHARES S&P GBL IND ETF (EXI) 20,598 22,456
ISHARES MSCI EMU ETF (EZU) 13,348 13,405
FIDELITY MSCI CONS DISCRET (FDIS) 17,396 20,856
FIDELITY MSCI INFO TECH (FTEC) 58,950 64,893
ISHARES MSCI INTERNATIONAL Q (IQLT) 16,343 23,014
QUADRATIC INT RTE VOL INFL H (IVOL) 19,820 17,261
ISHARES RUSSELL 2000 ETF (IWM) 39,168 38,668
ISHARES GLOBAL HEALTHCARE ETF (IXJ) 19,603 23,900
JANUS HENDERSON B-BBB CLO ET (JBBB) 19,567 19,615
JANUS HENDERSON MORTG BACKED (JMBS) 104,514 104,176
INVESCO QQQ TRUST, SERIES 1 (QQQ) 38,960 38,742
INVESCO S&P 500 EQUAL WEIGHT E (RSP) 32,841 37,850
SPDR S&P DIVIDEND (SDY) 29,775 31,440
SPDR PORTFOLIO S&P 600 SMALL (SPSM) 26,283 30,680
SPDR PORTF SHORT TERM TREA ETF (SPTS 108,861 108,381
SPDR S&P 500 ETF TRUST (SPY) 64,484 74,432
ISHARES 10-20 YR TREASU BD ETF (TLH) 58,796 51,562
VANGUARD SMALL CAP ETF (VB) 19,422 40,127
VANGUARD MID CAP VALUE ETF (VOE) 40,565 73,929
VANGUARD MIDCAP GROWTH ETF (VOT) 34,091 77,394
VANGUARD VALUE ETF INDEX (VTV) 207,515 367,381
COMM SERV SELECT SECTOR SPDR (XLC) 56,090 63,411
ENERGY SEL SECT SPDR FD (XLE) 12,589 11,735
THE FINANCIAL SEL SECT SPDR FD (XLF) 48,536 56,401
CONS STAPLES SEL SECT SPDR FD (XLP) 18,734 18,709
UTILITIES SEL SECT SPDR FUND (XLU) 36,880 39,056
HEALTH CARE SEL SECT SPDR FD (XLV) 18,508 17,609
WA SMASH SRS CR PLS COMPLETION (LMEC 735,870 511,025
WESTERN ASSET SMASH SERIES C (LMLCX) 183,020 174,951
WESTERN ASSET SMASH SERIES M (LMSMX) 331,170 237,029
PIMCO INCOME I2 (PONPX) 1,007,423 919,098
PERFORMANCE TR TOTAL RET BD I (PTIAX 534,126 473,378

TY 2024 InvestmentsGovtObligationsSch
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
US Government Securities - End of Year Book Value:

620,628
US Government Securities - End of Year Fair Market Value:

559,133
State & Local Government Securities - End of Year Book Value:


 
State & Local Government Securities - End of Year Fair Market Value:


 


TY 2024 OtherExpensesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
INSURANCE EXPENSE 744     744
MEMBERSHIP & DUES 3,520     3,520
MEALS 575     575
STATE FILING FEES 497     497
UTILITIES 432     432


TY 2024 OtherIncomeSchedule2
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 112 112  


TY 2024 OtherIncreasesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Description Amount
COST BASIS ADJUSTMENT 6,599


TY 2024 OtherProfessionalFeesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVISORY FEES 76,921 76,921    
CONSULTING 100     100


TY 2024 TaxesSchedule
Name:
THE VALENTINE FOUNDATION
EIN:
90-0527475
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX PAID 2,664 2,664    
EXCISE TAXES 10,000